The tax imposed by the Ordinance is effective as to income and profits earned or accruing on and after January 1, 1972, and payroll deductions must be made against all salaries, wages, commissions, bonuses and other compensation earned or accruing on and after that date.
The Ordinance continues effective insofar as the levy of taxes is concerned until December 31, 1975.
(Res. 10-1971. Passed 12-27-71.)